2026-09-30 · midday

Net cash / NLV still red at -0.110, $14,494 past the -0.10 line; no fills today. Red means Rule 3: tier 1 sales. Gross leverage 1.737x red; long-leg band still over. GOOGL $348.41 (+2.20%), nearest written level tranche 3 at $360, +3.33%. MU $1,070.47 prints after today's close.

What to do

net cash / NLV -0.1097 (cash -$164,661.14 on NLV $1,501,667.78), $14,494 past the -0.10 red line.
SELL 200 AMZN, SELL 200 EQT, SELL 1 TSLA, SELL 1 DIS (limit near last, day)
Tier 1 in full at midday prints. Which tier-1 names is Gabriel's pick; the smallest tier-1 set that clears red is EQT 200 + TSLA 1 + DIS 1 + AMZN 18 ($14,720, lands -0.0998). AMZN 17 leaves it short by $24. · raises ~$60,288 (AMZN $50,074, EQT $9,756, TSLA $352, DIS $105); lands net cash / NLV at -0.070
Your playbook: “"Red means: execute Rule 3 until the metric is back to amber. Choose the sales myself, at my own pace, before the broker chooses them for me." Rule 3 tier 1: AMZN, BRK.B, EQT, DIS, TSLA, UPRO.”
EQT sells at a ~$1,047 loss (avg $54.01); last EQT buy 2026-08-12, outside the 30-day window. 100 of the AMZN shares were bought 2026-09-25 at $248.76 and now sit slightly above cost at $250.37: pick lots deliberately.

These fire every run until you act on them. No order attached.

Why each one reads the way it does

long_leg_band
Standing repair (BUY TO CLOSE 5 Dec-28 360P / SELL TO CLOSE 5 Dec-28 280P) is $17,600.68 debit at midday marks (35.201/spread). A cash debit while net cash is red, so the two rails conflict and it is not proposed.
gross_leverage
Gross $2,607,813 on NLV $1,501,668.

delta by name

Delta notional per name as of 2026-09-30: stock at delta one, each option leg at the Black-Scholes delta implied by its own mark. Top two: GOOG, MU.

Nearest trigger is GOOGL - tranche 3 confirmation (nearest written level) at $360, 3% away.

All 27 triggers swept, with today's number

price trigger	now	fires at	distance
GOOGL - tranche 3 confirmation (nearest written level)	$348.41	≥ $360	3.3% up
GOOGL - tranche 2 weakness	$348.41	≤ $317	9.0% down
MU - collar roll level	$1,070.47	≥ $1,250	16.8% up
GOOGL - thesis break, close regardless of price	$348.41	≤ $280	19.6% down
GOOGL - no chase past $380-390 short	$348.41	≥ $430	23.4% up
GOOGL - Rule 6, close every short put	$348.41	≥ $434	24.6% up
GOOGL - washout, stop selling spreads and buy stock	$348.41	≤ $260	25.4% down
GOOGL - Rule 8, deploy the $100k crash reserve	$348.41	≤ $260	25.4% down
GOOGL - long spreads near max, would-I-buy-it-fresh test	$348.41	≥ $500	43.5% up
GOOGL - shares capped by the 600Cs	$348.41	≥ $600	72.2% up

level trigger	now	fires at	distance
Net cash / NLV, now red	-0.110	back above -0.10 (amber)	$14,494 of sales at midday NLV.
Every long call spread against the 90%-of-width sell rule	44.33% is the highest	90% of width	Dec-28 300/400 44.33%, Sep-27 300/440 41.54%, Sep-27 300/445 40.87%, Dec-28 350/500 31.50%, Dec-28 350/600 25.50%.
Dec-28 put IV, the alternate tranche-2 trigger	35.77%	43% (Rule 8 at 50%)	7.23 points. Midpoint IV valid at midday (implied_vol 36.08%).
GOOGL Dec-28 340P extrinsic, the assignment watch	$53.20	$5	Put is $8.41 out of the money; the whole mark is extrinsic.
Program cap	$175,059	$200,000	$24,941 of room.
Excess liquidity against the Part 4 amber	75.56% of NLV	40% amber, 25% red	$1,134,598 against a $650,000 floor.
NLV on the week against the 72-hour freeze row	-0.06%	a FALL of 8% in one week	Struck against 2026-09-23's open, $1,502,613.84.

calendar	date	away
MU fiscal Q4 print, after the close	2026-09-30	0d
Earliest clean sale date for the 6/05 GOOG loss lots if only bought calls count as replacement property	2026-10-01	1d
Earliest clean sale date if a WRITTEN call is also replacement property	2026-10-15	15d
GOOG print, first scheduled thesis adjudicator	2026-10-28	28d
Deploy the $100k reserve at market if no crash has come	2026-10-29	29d
GOOG capex guide, second scheduled adjudicator	2027-02-03	126d
GOOG lots vest long-term, add collar put leg 9 (+66 sh)	2027-03-13	164d
GOOG lots vest long-term, add collar put legs 10-11 (+200 sh)	2027-04-02	184d
GOOG lots vest long-term, legs 12-14 (+350 sh)	2027-06-05	248d
GOOG lots vest long-term, leg 15 (+50 sh)	2027-06-25	268d

Spot prices

broken Forecasting pipeline refused again at 12:45 on the same dirty tree; gate_examined none.
ops/status.py --check exits 12: "latest daily record status is 'refused': pre-flight: 187 path(s) under data/ or dist/ already differed from HEAD" and "latest daily record has no gate_examined count: the gate did not run, or ran without reporting. This is the 171f531 shape."
known rails.py still prices the GOOGL programme off GOOG.
GOOG $344.97 vs GOOGL $348.41 at midday. No verdict flips. rails.json not edited.

Rails that could not be evaluated

No written rule covers PANW or CRWD; both were bought while net cash was red.
The long-leg repair order is a cash debit while net cash is red - the two rails conflict and no doc says which wins.
stressed_excess_liquidity has never been measured; the amber stress re-run fell due 2026-09-29 and is still undone.
MU has no written level below spot, and it prints today after the close.
The 8x Dec-28 300P has no written repair order.

Where the numbers came from

Run label from the rails log: 09-30 open entry present, so this is the MIDDAY run; GPU and forecast passes skipped.
Book pulled ~12:47 PT. 36 rows, cash -$164,661.14, unchanged since Monday. No working orders.
Prices: get_price_snapshot last; prior_close field empty at midday, so prior close is Tuesday's close as captured by this morning's open run.
IV: Dec-28 340P option-midpoint-iv 35.77% valid; implied_vol 36.08%; bid/ask 52.20/53.35.
Runbook Parts 2-4 swept against midday numbers: every row clear.